drug

Financial strain may help curb prescription drug use

Friday, June 01, 2012 by: PF Louis

Tags: Drug, Drugs, Prescription

Pin It
(NaturalNews) The economy's decline into an ever widening abyss may have one silver lining: less can be spent on pharmaceutical drugs. With unemployment increasing while menial jobs that are available don't offer insurance, more people will be depending on government insurance programs.

Now some of those programs are looking into increasing or tightening restrictions on what they'll pay out for medical expenses and pharmaceutical drug costs. One proposal not yet put into effect is the undergoing study at Penn State College of Medicine along with Dr. Robert Rosenheck of the Yale School of Medicine.

The ongoing study has thus far made one report regarding off label use of anti-psychotic drugs for patients of less serious psychological or behavioral symptoms. Off label simply means using an FDA approved drug for a purpose other than for what it was approved.

What the researchers have discovered so far

The researchers current findings have been reported in a recent issue of the American Journal of Managed Care. Looking into patient files in the Centers for Medicare and Medicaid Services for 2003, the researchers discovered high amounts of anti-psychotic drugs prescribed for off label purposes.

Douglas Leslie, PhD, professor of public health sciences, stated the study's purpose. "Medicaid prescription drug programs covered 75 percent of all antipsychotic prescription medications in the United States in 2002. Reducing off-label antipsychotic use may generate savings with little impact on patient outcomes."

"Little impact on patient outcomes" referred to the over 57 percent of Medicaid patients prescribed ant-psychotic drugs who were not diagnosed as schizophrenic or bipolar. During 2003, Medicaid covered 372,000 patients who were prescribed anti-psychotic drugs.

Out of the 57 percent (214,113) who were not schizophrenic or bipolar, 35 percent had minor depression, 25.4 percent major depression, 23.2 percent were without any mental disorder, 18.8 percent had behavioral issues, and 16.2 percent anxiety disorders.

A large part of Big Pharma's multi-billion dollar psychotropic drug market is covered by state Medicaid programs. Anti-psychotic drugs are the most expensive and most dangerous. Excluding payments for anti-psychotic drugs prescribed off label will save states money and decrease harmful side effects for patients.

Currently, anti-psychotic drugs are the most drugs used off label. In 2009, anti-psychotic drug sales reached 14.6 billion dollars.

Since 2003, the FDA has helped Big Pharma cover this discrepancy by approving some of the anti-psychotic drugs for the minor mental ailments prescribed off label earlier.

The FDA is working further to help Big Pharma improve business during this economic turndown. They are planning on making statin and other prescription drugs available over the counter (OTC).

The thinking is that many are trying to save money by avoiding doctor visits to obtain prescriptions for those drugs. Most insurance programs, including Medicare, require co-payments that can cost more than what they'd pay for the drugs OTC.

This plan will allow bypassing doctor visits and letting patients run to the drugstores to stock up (http://www.naturalnews.com).

Government and private insurance companies are clamping down on medical errors

New policies by Medicare and private insurance companies will hopefully diminish medical errors. Both government and private insurance companies have started withholding payments for procedures done with medical errors. This policy also prohibits the hospitals or doctors from charging the patients directly.

This move from government and private insurers is forcing doctors and hospitals to think twice before each procedure, even when it comes to washing hands.

So whenever someone amputates the wrong foot, works on the wrong eye, leaves a scalpel inside a body after an operation, or administers the wrong IV, nobody pays for the procedure. That'll teach 'em - maybe.

Sources for this article include:

http://www.eurekalert.org/pub_releases/2012-05/ps-rou051512.php

http://www.nytimes.com/2008/10/01/us/01mistakes.html?pagewanted=all

http://www.health.com/health/article/0,,20456466,00.html

Get breaking news alerts on GMOs, fluoride, superfoods, natural cures and more...
Join over four million monthly readers. Email privacy 100% protected. Unsubscribe at any time.

Articles Related to This Article:

The FDA Exposed: An Interview With Dr. David Graham, the Vioxx Whistleblower

The great direct-to-consumer prescription drug advertising con: how patients and doctors alike are easily influenced to demand dangerous drugs

Psychiatric Drugs: Chemical Warfare on Humans - interview with Robert Whitaker

28 Senators vote to maintain Big Pharma monopoly over U.S. consumers; Republicans oppose free trade for medicine

FDA accused of suppressing drug safety information (commentary)

The raw (and ugly) truth about the war on drugs

Related video from NaturalNews.TV


Your NaturalNews.TV video could be here.
Upload your own videos at NaturalNews.TV (FREE)

Have comments on this article? Post them here:

 people have commented on this article.

Related Articles:

The FDA Exposed: An Interview With Dr. David Graham, the Vioxx Whistleblower

The great direct-to-consumer prescription drug advertising con: how patients and doctors alike are easily influenced to demand dangerous drugs

Psychiatric Drugs: Chemical Warfare on Humans - interview with Robert Whitaker

28 Senators vote to maintain Big Pharma monopoly over U.S. consumers; Republicans oppose free trade for medicine

FDA accused of suppressing drug safety information (commentary)

The raw (and ugly) truth about the war on drugs

Take Action: Support NaturalNews.com

Email this article to a friend

Permalink to this article:

Reprinting this article: Non-commercial use OK, cite NaturalNews.com with clickable link.

Embed article link: (copy HTML code below):
Most Popular
Today | Week | Month | Year

See all Top Headlines...




GET YOUR FREE GIFT + SHOW DETAILS.


Now Available from NaturalNews.TV

Also on NaturalNews:

Health Ranger Videos
Activist music
CounterThink Cartoons
Food documentaries
FREE Special Reports
Podcasts
Colloidal Silver
Advertise with NaturalNews...

Support NaturalNews Sponsors:
Advertise with NaturalNews...

Most Popular Stories

U.S. dairy industry petitions FDA to approve aspartame as hidden, unlabeled additive in milk, yogurt, eggnog and cream
Prominent rifle manufacturer killed in mysterious car crash days after posting psych drug link to school shooters
Angelina Jolie inspires women to maim themselves by celebrating medically perverted double mastectomies
Facebook bans Gandhi quote as part of revisionist history purge
How Angelina Jolie was duped by cancer doctors into self mutilation for breast cancer she never had
BREAKING: European Commission to criminalize nearly all seeds and plants not registered with government
Obama betrays America yet again by signing the 'Monsanto Protection Act' into law
Photos: Private military operatives hired to 'work' the Boston marathon with black backpacks, radiation detectors, tactical gear
Boston marathon bombing happened on same day as 'controlled explosion' drill by Boston bomb squad
Dr. Oz viciously attacks organic foods and farmers markets, pushes feedlot beef, urges clueless consumers to eat more pesticides and GMO (opinion)
USDA caves to food industry pressures, approves three new toxic meat preservatives
Exclusive: Cops, detectives, FBI agents, U.S. soldiers tell Natural News they will not enforce gun confiscation orders

25 Amazing Facts About Food

This FREE downloadable report unveils a collection of astonishing and little-known facts about the food we eat very day. Click here to read it now...

 

Resveratrol and its Effects on Human Health and Longevity - Myth or Miracle.

Unlock the secrets of cellular health with the "miracle" nutrient Resveratrol Click here to read it now...

 

Nutrition Can Save America

FREE online report shows how we can save America through a nutrition health care revolution. "Eating healthy is patriotic!" Click here to read it now...

The Healing Power of Sunlight and Vitamin D

In this exclusive interview, Dr. Michael Holick reveals fascinating facts on how vitamin D is created and used in the human body to ward off chronic diseases like cancer, osteoporosis, mental disorders and more. Click here to read it now...

Vaccines: Get the Full Story

The International Medical Council on Vaccination has released, exclusively through NaturalNews.com, a groundbreaking document containing the signatures of physicians, brain surgeons and professors, all of which have signed on to a document stating that vaccines pose a significant risk of harm to the health of children. Click here to read it now...

Health Ranger Storable Organics

GMO-free, chemical-free foods and superfoods for long-term storage and preparedness. See selection at www.StorableOrganics.com



Recommended Resources On:

Natural News trends
Health Ranger news
Natural News GMOs
Mike Adams tracker
Natural News photos
Natural News Global
Natural News in focus
Natural News connect
Natural News shocking stories
Natural News radar
GMOs
Quackwatch
Vaccines
Health freedom
Dr. Paul Offit

This site is part of the Natural News Network © 2013 All Rights Reserved. Privacy | Terms All content posted on this site is commentary or opinion and is protected under Free Speech. Truth Publishing International, LTD. is not responsible for content written by contributing authors. The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. Truth Publishing assumes no responsibility for the use or misuse of this material. Your use of this website indicates your agreement to these terms and those published here. All trademarks, registered trademarks and servicemarks mentioned on this site are the property of their respective owners.